Analyze a Deal & Find your Property
To evaluate your property's investment potential, analyze market comparables using Pricelabs. This tool provides detailed insights into market trends and revenue expectations.
Next, estimate your property's potential revenue and calculate operating expenses with the Deal Analysis Toolkit spreadsheet. This comprehensive analysis will help you gauge your property's financial viability and investment success.
*We strongly advise using the file in Excel for optimal user experience.
How to Calculate a Deal:
Sufficient Cash Flow = Net Operating Income — Operating Costs
Monthly Income = Average (Averaged for seasonality) Estimated Nightly Rate x Occupancy Rate Note: Occupancy Rate is heavily influenced on your products desirability, strategic pricing (explained in operations tab), and reviews.
Operating Costs = Mortgage + PMI + Homeowners Insurance + Utilities + Permitting Fee + Property Management Fee + Cleaning Fees (if not pushed to renter) + STR taxes